Crony capitalism related news.
A witness at the trial of drug cartel leader Joaquín “El Chapo” Guzmán made an uncorroborated claim that a bribe of $100 million was paid to former Mexican President Peña Nieto, who through a spokesman dismissed the charge as absurd.
In the midst of the government shutdown, and deciding to take bold action, about thirty Democratic members of Congress took their families and about 100 of their closest lobbyist friends on a chartered jet to Puerto Rico for the weekend.
Pacific Gas and Electric faces up to $30 billion in potential liability costs as a result of California wildfires. Is their announcement that they’re preparing to file for Chapter 11 bankruptcy real or a thinly veiled plea for a bailout?
Federal employees on average make 17% more than similar workers in the private sector, most will still receive health benefits through the shutdown and they’ll get their back pay when they return. Almost sounds like a vacation.
…of the day. No spin. No tabloid trash.
(From The Daily Caller) Former Trump attorney Michael Cohen told the special counsel’s office that President Donald Trump directed him to lie to Congress about his work to build a Trump Tower in Moscow, according to a new report. ....
(From The Washington Free Beacon) President Trump announced a major shift in U.S. defense strategy on Thursday, ordering the Pentagon to rapidly expand current missile defenses and build new interceptors, space sensors, and advanced technology to neutralize foreign missiles at...
(From Fox News) President Trump on Thursday abruptly denied military aircraft to House Speaker Nancy Pelosi for a foreign trip just minutes before the congressional delegation was set to depart, in a stunning decision that followed her call to delay...
(From Politico) Senate Republicans on Thursday failed to muster the 60 votes needed to approve a permanent ban on federal funding of abortion, a largely symbolic effort timed to coincide with the country’s largest annual anti-abortion demonstration in Washington this...
(From The Daily Caller) President Donald Trump canceled his delegation’s trip to the World Economic Forum in Switzerland scheduled for next week on Thursday, the same day he canceled Speaker Pelosi’s trip overseas. . . . “Out of consideration for...
(From CNBC) Democrats introduce a bill to gradually raise the federal minimum wage to $15 per hour from the current $7.25. Though it could get through the Democratic-controlled House, the GOP-held Senate likely will not approve it, and President Donald...
(From The Hill) The new plan would raise the minimum wage to $10 an hour on July 1, $11 an hour in 2020, $12 an hour in 2021, $13 in 2022, $14 in 2023 and $15 in 2024. Those in...
(From The Hill) In a major rebuke of President Trump, the House overwhelming passed a resolution Thursday formally disapproving of the Trump administration’s rolling back of sanctions on companies owned by Oleg Deripaska, an ally of Russian President Vladimir Putin....
(From Politico) “More children over a longer period of time” were separated at the border than commonly known, an investigator with the Department of Health and Human Services inspector general’s office told reporters Thursday morning. “How many more children were...
(From UPI) In a moment of rare bipartisanship, President Donald Trump signed a Democrat-sponsored bill Wednesday guaranteeing back-pay to workers furloughed by the ongoing partial government shutdown. . . . . . . the signing of the Government Employee Fair...
We’ll give him credit actually. On “empire” he’s telling the truth. (Though we don’t think this truth was deliberate.) The US does have an empire spread all around the globe. But it should be of some concern when someone who...
No one paid the insane income tax rates of the past, the rates the economic totalitarians, AKA “socialists,” look at longingly these days, because the tax code was full of legal dodges. Guess what folks? Here’s a secret. Many people...
(From NY Daily News) On rare occasion, Trump would encounter a woman who challenged him, like a banker or a lawyer, or even someone in government. But he knew two things: one, that he was “better” than they were, and...
(From The New Republic) He was an undecorated independent senator from an extremely liberal state who only identified as a Democrat to run for president, and moreover described himself as a democratic socialist. Yet he forced the prematurely anointed Clinton,...
